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£150,500
Bright and modern two-bedroom apartment now available in Welwyn Garden City, through Shared Ownership.
The property features an open plan living room and kitchen, two bedrooms, and two bathrooms.
The property is on the second floor of a recently constructed building (Circa 2021), offering residents a private balcony, an allocated off-street parking spot, and access to a shared garden area.
Available for £150,500 for 50% share based on the marketing figure of £301,000.
Monthly rent - £477.41
Monthly Service Charge - £162.67
Total Monthly Charge - £640.08 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is located just outside Welwyn Garden City's town centre, in a new developmental area, and less than 10 minutes away walking from the railway station. The train travels to Kings Cross, in Central London, in less than an hour.
The close A1 motorway, just 5 minutes away, also makes road travel convenient.
Welwyn Garden City is a recently developed area with several shops, pubs and restaurants, with all local amenities nearby. The town is famous for its long garden on the main road, which is beautiful especially in spring and summer.
Many schools of all levels can be found nearby, several within walking distance.
EPC ratingEnergy rating band - B
Environmental rating band - B
Lease informationYears remaining on lease: 984
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Other informationHow we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH
You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
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